https://www.taxtmi.com/article/detailed?id=259 The Bill imposes duties on designated partners to ensure statutory compliance-registration, appointment filings, maintenance of accounts, preparation and filing of annual statements and returns, and notification of partner changes-and subjects failures to monetary penalties and, for false or materially omitted statements, criminal liability; partners can be personally liable where offences by the LLP are committed with their consent, connivance or attributable neglect, and compounding is permitted for offences punishable only by fine. en-us Tue, 06 Jan 2009 00:00:00 +0530 Thu, 10 Dec 2009 21:36:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=259 The Bill imposes duties on designated partners to ensure statutory compliance-registration, appointment filings, maintenance of accounts, preparation and filing of annual statements and returns, and notification of partner changes-and subjects failures to monetary penalties and, for false or materially omitted statements, criminal liability; partners can be personally liable where offences by the LLP are committed with their consent, connivance or attributable neglect, and compounding is permitted for offences punishable only by fine. Articles Limited Liability Partnership - LLP Tue, 06 Jan 2009 00:00:00 +0530 https://www.taxtmi.com/article/detailed?id=259